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20121204
20121204
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the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net reduction or elimination of deductions and credi
during the clinton administration when the tax rates were higher on upper income families, that certainly didn't kill economic growth. we have incredible economic growth during the clinton years. this same, tired argument that we hear time and time again that any kind of tax increase on anyone will hurt the economy, it isn't borne out by history. >> there are analysts that say both of these proposals are essentially for the base, and na in reality both sides know you'll come to the middle. you have johnny isakson who said earlier there's too much posturing going on here. what is your response that in relation the proposal from the white house and the president as well as from speaker boehner and the republicans were just for the base? >> they certainly are the opening show of cards, and i don't think it's where either party expects to end at the end of the day. i think we're closer to where the president has proposed than we are to the non-offer from speaker boehner. i think that's reflected in what the american people want to see happen, and i think we'll see a final result much closer t
your tax system is. and it's pretty low now. you know compare it to the clinton era rates, which is kind of all we're talking about, right? going back to the clinton era rate of 39% -- >> is it about fairness? or is it about lessening the deficit? because it doesn't really do a whole lot for the debt or deficit over ten years. >> well, it's about fairness, but it's also about what are the better options? given that the wealthy are really skating by these days. and so how do you collect more revenue from them? and all the various ideas about, well, you cap this deduction, and cap that deduction. there are not only political constituencies that will fight tooth and claw on every deducti deduction, there are some reasons, fairly good reasons why you would want to think twice. you know, are you going to go after home mortgage deduction at a time when the housing industry is trying to get its feet? are you going to go after the exemption on taxation for health insurance? i mean, that's the biggest one, actually. that's like $250 billion a year. but i don't think anybody wants to dive
republicans? joining us for a fair & balanced debate, simon rosenberg, a former clinton campaign adviser and president and founder of ndn, just for clarity, a democrat. and the former chairman of the republican party of virginia. kate, does the republican party mead to change its position on immigration? >> well, does it darn dash no it needs to actually star, it needs to talk bim congratulations. strstrategic decisions were made to stay away from the issues that affected these democrat i cans that the republicans did terrible with. the democrats define you on these positions, then as anti-immigration or as the president defined the republicans as the enemy of latino, he actually used that word. rips have to start being savvy and realize that their message is won't that truly does appeal to immigrants, the one of hope and opportunity. why do immigrants come to the united states? for freedom and prosperity. republicans have to start conveying they are the party of freedom and prosperity and start talking about legal immigration. look at these people around the world who have spent their l
.6% rate of the clinton years? he did not. so is there a little give ultimately to sort of say what if it doesn't go up to 39.6%, but say 37%, is that something the white house would accept? also, this that same interview, the president raised the possibility, which is that after you do tax reform and you close loopholes and deductions, that if the rate is raised, the top rate, there's always a possibility that after you do tax reform, of course, the top rate would then go down again. so it was -- you have to listen to the president very carefully to see where there might be some give. the problem from my point of view is that everybody knows what's got to be done in the long-term. it's the question of the short-term deal. >> john boehner, speaker of the house, he came up with a proposal. but not all the conservatives in the house and the senate are on board. jim demint, republican senator from south carolina. >> this is a time to negotiate with ourselves. we need to invite the president to work with us. his proposal was so outlandish, i don't think we should go back to the table un
is an excellent match to the strain. >>> hillary clinton for new york city mayor. that's what outgoing mayor michael bloomberg wants. according to the "new york times," bloomberg reach ed out o the secretary of state and asked her to consider running next year but says hillary clinton declined. secretary said she will leave public service once her successor is in place. >>> one of the world's leading experts in fashion add the title of ambassador to her name? anna wintour, editor in chief of vogue magazine is one of several people president obama is considering for the ambassador post to the united kingdom or france. wintour is a u.s. citizen, but was born in the united kingdom. she is one of the president's biggest fund-raisers. >>> federal judge temporarily blocks federal law, banning the use of conversion therapy. his ruling applies to only three providers who want the law overturned. the therapy is aimed at helping change a minor sexual orientation from gay to straight. >>> 13 people dead, 32 wounded. now the judge in the case has been removed. u.s. court of appeals for the armed service
president clinton was in office, he left this country in the black. the people have weighed in. they've indicated that we want to move forward, we want to put people to work but we want to do it in a fair method of doing it. and that is not cutting programs that impacts the working poor in this country. mr. garamendi: well, you're absolutely correct about that. the proposal to cut medicare benefits is a nonstarter. there are things that can be done in medicare to reduce the costs and much has already been done. i'd like to ask my colleague from the great state of michigan to join us, mr. curson is a new member, came in during a special election. welcome. delighted to have you join us. mr. curson: thank you. i agree wholeheartedly with what's been said so far and the testimony, what i really want to say -- into the mic. what i really want to say is medicare is run more efficiently than nearly any insurance company in the world. they devote less than 2% of its funding to administrative expenses, and you compare that to a private insurance company that costs up to 40% of premiums for in
hillary clinton as she prepares to step down. michael bloomberg called clinton to encourage her to enter the 2013 race for new york mayor when his term end. "the new york times" made it clear that she had no interest in the job. if she, however, decides to change her mind, she has one hurdle she has to overcome. she has to be a resident of the city. she bought a home when sheep deep sided to run for senate. >> exactly. >> new york senate years ago. >> you would imagine hillary clinton is one of the superstars in politics, and she has certain star power. you would think if she comes back into politics at this point -- they say she is not -- she would want a national office compared to a big, big job like mayor of new york city. if she gets in the game, she's going for the top again. the white house, not here in new york. >> what is mayor bloomberg going to do, steps down december 31st of 2013. >> count his money, i guess. >>> speaking of money, mitt romney is making a career move of sorts. he's rejoining the board of directors for marriott hoe tels. romney held the post from 1993 to 2002.
. going back to the clinton tax rates, remember, the average american family has taken a hit. median income four years ago was $54,000 a year. it is about $50,000 a year now. this portion of the population has been squeezed. adding taxes on 90% will not be helpful. how much do you want folks to bear? freezing those tax rates for the overwhelming majority of americans is a smart thing to do. host: you said fight later on. guest: the fight would start the next day. we could do what i'm talking about, and negotiations could continue. doing what i'm talking about does not violate what either side is fighting over. they both say this is something we want to do. why not make sure we do not have some last-minute failure at the end of december. guest: what gives you confidence that democrats would agree later on? guest: this is where i disagree with some of my colleagues. they seem to think the american people are leveraged, and this is the democrats leverage. our leverage is in the spending and entitlement issues. the president and his negotiators are smart and able people. they know the re
-- a return. it is similar to what the former clinton chief of staff -- separate from that commission, he testified before the super committee last year and put forward his own proposal to try to break the impasse at that time. republicans say their current offer is not in that proposal, so it is not the simpsons-bowles plan that has gotten a lot of talk over the last few years, but it is modeled on a proposal from a leading democrat during these discussions, so they are hoping it will give some credibility going forward. the $800 billion they are offering is not the same as what john boehner offered in 2007. -- is the same as what john boehner offered in 2007. they will not accept any deal that keeps tax rates the same as well. >> thank you. >> thank you. >> you can read his proposal online by going to c-span.org and clicking to the lake. oklahoma congressman tom cole discusses the fiscal cliff negotiations and agrees with suggestions they should join president obama to extend the tax rates for the highest income earners the law professor john buckley looks at the history of the tax, plu
Search Results 0 to 9 of about 10